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Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,300 account of a customer, C. Green. On
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,300 account of a customer, C. Green. On March 9, it receives a $1,800 payment from Green 1. Prepare the journal entry or entries for January 31 2. Prepare the journal entry or entries for March 9; assume no additional money is expected from Green. View transaction list Journal entry worksheet Record the write-off of Green's $2,300 account Note: Enter debits before credits. Date Debit General Journal Credit Jan 31 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,300 account of a customer, C Green. On March 9, it receives a $1,800 payment from Green 1. Prepare the journal entry or entries for January 31 2. Prepare the journal entry or entries for March 9; assume no additional money is expected from Green View transaction list Journal entry worksheet 2 3 Record the reinstatement of Green's account, assuming no additional money is expected Note: Enter debits before credits. Date Debit General Journal Credit Mar 09 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,300 account of a customer, C Green. On March 9, it receives a $1,800 payment from Green. 1. Prepare the journal entry or entries for January 31 2. Prepare the journal entry or entries for March 9; assume no additional money is expected from Green. View transaction list Journal entry worksheet ord the cash receipt from Green Note: Enter debits before credits Date General Journal Debit Credit Mar 09
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